1911 Gold Intersects up to 58.66 g/t Gold over 1.40 m on San Antonio West Zone at True North

1911 Gold Intersects up to 58.66 g/t Gold over 1.40 m on San Antonio West Zone at True North

 
 

1911 Gold Corporation (" 1911 Gold " or the " Company ") (TSXV: AUMB) (OTCBB: AUMBF) (FRA: 2KY) is pleased to announce the assay results from twelve (12) drill holes for 3,208.0 metres ("m") from the ongoing surface drill program at the True North Gold Project. The True North project, including a permitted mill, camp, and tailings facility, is centrally located within the Company's 100%-owned Rice Lake Gold property in southeast Manitoba, Canada .

 

  Highlights:  

 
  •   Drilling has continued to expand the near-surface quartz vein hosted gold ("Au") mineralization on the new San Antonio West ("SAM West") target along strike and to depth  
  •  

  San Antonio West Target  

 
  •   Drill results confirmed the western and down dip extensions of gold mineralization within the prolific San Antonio mafic unit up to 350   m down dip and 500 m along strike, including:  
    •   TN-25-057: Intersected 58.66 grams per tonne (g/t) Gold (Au) over 1.40 m at a downhole depth of 145.00 m , including 63.20 g/t Au over 0.90 m and 50.50 g/t Au over 0.50 m   
    •  
    •   TN-25-056: Intersected 9.59 g/t Au over 2.30 m at a downhole depth of 103.10 m , including 11.25 g/t Au over 1.80 m , including 21.30 g/t Au over 0.50 m   
    •  
    •   TN-25-058: Intersected 10.40 g/t Au over 1.00 m at a downhole depth of 249.30 m   
    •  
  •  

"These are some of the best results we've seen to date from the San Antonio West target.", Shaun Heinrichs , CEO and President, stated, "The drilling confirms the potential definition of high-grade ore shoots within the SAM West target zone, and further supports our geological model. These results build the case for continued underground exploration, where we see significant potential to define and expand new and existing mineral resources within the mine infrastructure."

 

 

  Figure 1: True North: Geology and SAM West and Gate Drill Hole Location Map (CNW Group/1911 Gold Corporation) 

 
 

 1911 Gold has completed fifty-one (51) surface drill holes, for a total of 11,695.4 m on the current drill program, which commenced in October 2024 on new exploration targets located within the True North Gold mine footprint. The results of seven (7) new drill holes for 1,928.0 m from the San Antonio West target and five (5) initial drill holes for a total of 1,280.00 m from the Gate target are included in this release. New targets have been generated and drill tested within prospective host rocks and mineralized structural settings, including significant historical drill results. The results from nine (9) additional exploration drill holes are currently pending. Additional drill planning is underway on the San Antonio West and San Antonio Southeast targets and will commence when access to the Mine site is permitted (see press release entitled "1911 Gold Temporarily Suspends Operation at True North Complex due to Bissett Evacuation Order", dated May 30, 2025   ). The exploration drilling plan includes up to 30,000 m of drilling by the end of 2025.

 

  S   an Antonio West Target: Discussion of Results
Drilling completed to date has confirmed the extensions of gold mineralization within the SAM gabbro to over 600 m west of the historically mined San Antonio zone, covering an area 500 m long and over 260 m to depth, dipping 50º to the northeast. Twenty-one (21) drill holes for a total of 4,220.0 m have been completed to date on the SAM West target area.

 
 

  Figure 2: BB' True North Cross Section* (Looking NW) *San Antonio Mine underground workings projected 400 m from the east (CNW Group/1911 Gold Corporation) 

 
 

The latest drill holes, comprised of seven (7) new drill holes for 1,928.0 m , extended the footprint of mineralization 100 m down dip from the results announced on April 30, 2025 (see press release entitled "1911 Gold Intersects 62.40 g/t Au over 1.00 m on San Antonio West at True North") .

 

Drill hole TN-25-056, designed to undercut high grade gold mineralization intersected in drill hole TN-25-037 ( 1.00 m @ 8.73 g/t Au, 1.00 m @ 62.40 g/t Au and 0.70 m @ 6.09 g/t Au and 4.50 m @ 4.17 g/t Au), intersected 2.30 m @ 9.59 g/t Au, including 1.80 m @ 11.25 g/t Au and 0.50 m @ 21.30 g/t Au. Drilling successfully extended the gold mineralization approximately 50 m down dip and returned high-grade gold results.

 

Drill hole TN-25-057 ( 1.40 m @ 58.66 g/t Au) tested the down-dip extensions of the high-grade gold intercepts of previously released holes TN-24-043 ( 1.00 m @ 12.50 g/t Au) and TN-24-045 ( 3.70 m @ 6.84 g/t Au, including 1.40 m @ 12.40 g/t Au and 2.70 m @ 5.30 g/t Au, including 0.50 m @ 11.30 g/t Au). Drilling successfully intercepted high-grade gold mineralization approximately 160 m down dip.

 

Drill hole TN-25-058 ( 0.50 m @ 10.40 g/t Au) designed to test the 160 m down-dip extension of the gold mineralization from hole TN-25-056, intersected three distinct gold mineralized veins extending the multiple vein structures to 340 m depth.

 

  Table 1: Select Significant Drill Hole Assay Results  

 
 
                                                                                                
 

   Target Area   

 

   (name)   

 
 

   Drill Hole   

 

   (number)   

 
 

   From   

 

   (m)   

 
 

   To   

 

   (m)   

 
 

   Interval   

 

   (m)   

 
 

   Au   

 

   (g/t)   

 
 

   SAM West   

 
 

   TN-25-039   

 
 

  10.00  

 
 

  10.50  

 
 

  0.50  

 
 

  2.95  

 
 
 
 

  64.40  

 
 

  65.30  

 
 

  0.90  

 
 

  2.86  

 
 

   SAM West   

 
 

   TN-25-041   

 
 

  21.30  

 
 

  22.20  

 
 

  0.90  

 
 

  2.59  

 
 

   SAM West   

 
 

   TN-25-056   

 
 

   103.10   

 
 

   105.40   

 
 

   2.30   

 
 

   9.59   

 
 
 

    Including    

 
 

    103.10    

 
 

    104.90    

 
 

    1.80    

 
 

    11.25    

 
 
 

    Including    

 
 

    103.10    

 
 

    103.60    

 
 

    0.50    

 
 

    21.30    

 
 

   SAM West   

 
 

   TN-25-057   

 
 

   145.00   

 
 

   146.40   

 
 

   1.40   

 
 

   58.66   

 
 
 

    Including    

 
 

    145.00    

 
 

    145.90    

 
 

    0.90    

 
 

    63.20    

 
 
 

    and    

 
 

    145.90    

 
 

    146.40    

 
 

    0.50    

 
 

    50.50    

 
 

   SAM West   

 
 

   TN-25-058   

 
 

  201.90  

 
 

  203.40  

 
 

  1.50  

 
 

  2.84  

 
 
 
 

  237.60  

 
 

  238.10  

 
 

  0.50  

 
 

  3.62  

 
 
 
 

   249.30   

 
 

   249.80   

 
 

   0.50   

 
 

   10.40   

 
 
 
 

  275.90  

 
 

  276.40  

 
 

  0.50  

 
 

  3.65  

 
 

   SAM West   

 
 

   TN-25-060   

 
 

  237.20  

 
 

  237.80  

 
 

  0.60  

 
 

  3.97  

 
 
 
 

  241.20  

 
 

  242.00  

 
 

  0.80  

 
 

  3.44  

 
 
 
 
              
 
 
 

   1)   

 
 

   Intercepts above a cut-off grade of 2.25 g/t Au   

 
 

   2)   

 
 

   Maximum of 2.50 m internal dilution and no top capping applied   

 
 

   3)   

 
 

   Intervals represent drill core length and are considered to represent 60% to 90% of true widths   

 
 

   4)   

 
 

   Full Significant Assay Results included in Table 2   

 
 

   5)   

 
 

   Drill hole Information included in Table 3   

 
 
 
 
 

Drilling has further confirmed the existence of up to three (3) vein zones hosted within the target gabbro unit, supporting the potential to mine multiple zones on levels as conducted historically (see press release entitled "1911 Gold Intersects 62.40 g/t Au over 1.00 m on San Antonio West at True North", dated April 30, 2025   ). Planning for the next phase of drilling on the SAM West target is ongoing.

 

  San Antonio West Target  

 

The San Antonio West target is located west of the historically mined San Antonio zone of the True North Gold Mine. The San Antonio West target occurs within the gabbro of the San Antonio mafic unit and the intersection with the Cartwright South mineralized shear zone. The SAM gabbro hosts the majority of the known gold mineralization within the True North Mine and historically produced 1,309,351 ounces Au at an average grade of 9.33 g/t Au from San Antonio (see technical report entitled "NI 43-101 Technical Report on the True North Gold Project, Bissett, Manitoba, Canada , dated December 23 . 2024). Drilling has now confirmed gold mineralization in quartz-carbonate shear veins with sericite, chlorite, minor tourmaline alteration and up to 2% disseminated and veinlet-hosted pyrite. The target occurs as a vein system parallel to the San Antonio Mine ore body, with the same geological, alteration and mineralization characteristics. Gold mineralization has been traced over a strike length of 500 m and to 360 m down dip.

 
 

  Figure 3: AA' Long Section of San Antonio West Target (Looking Northeast) (CNW Group/1911 Gold Corporation) 

 
 
 

  Figure 4: Expanded Long Section (AA') of San Antonio West with drill intercepts (View to NE) (CNW Group/1911 Gold Corporation) 

 
 
 

  Figure 5: Isometric view of SAM West target area with high-grade gold intercepts (Looking NW) (CNW Group/1911 Gold Corporation) 

 
 

  Gate   Target  

 

The Gate target was defined to explore for potential gold mineralization on the intersection of the Cartwright South and L13 shear zones with the Shoreline Basalt unit. Five (5) drill holes, totalling 1,280.00 m (see Table 3), were completed on this target. All drill holes intercepted well-developed quartz veining hosted within sediments, with drill hole TN-25-044 intersecting 0.90 m @ 1.30 g/t Au and drill hole TN-25-049 intersecting 0.90 m @ 0.57 g/t Au. Drilling did not intersect wide sections of basalt, which host the majority of mineralization in this unit at True North. Additional interpretation is ongoing to define the basalt flows within the Shoreline Basalt unit, which in this area appear to occur as discontinuous lenses intercalated within sediments. Interpretation, modelling and drill targeting are ongoing to define potential extensions of the basalt unit hosting gold mineralization.

 

  Site Access Update  

 

Recent rainfall, favourable winds, and cooler temperatures have eased wildfire conditions in the region; however, the Town of Bissett and the Company's True North site remain under evacuation as a precautionary measure. Fire crews continue to make progress in the area. Company facilities have not been impacted, and the Company expects to resume site activities once it is deemed safe to do so.

 

  Next Steps  

 

Building on the strong results achieved to date on new exploration targets and the compelling targets to expand the current resource, 1911 Gold is advancing plans to initiate underground exploration drilling. Once site access is re-established, the Company will continue preparing multiple underground levels to facilitate this next phase of work. Targeting is well underway, focusing on high-priority areas that offer meaningful resource expansion potential and support the mine plan currently under development. Mobilization of drill rigs to key underground levels is expected later this summer. Concurrently, the Company is actively evaluating additional targets across the property and advancing the redevelopment of the high-grade, near-surface Ogama-Rockland 43-101 mineral resource, located 25 km by road east of the True North complex.

 
 
                                                                                                                                                                                                                                                                                                           
 

   Table 2: True North; Select Drill Hole Assays   

 
 

   Target Area   

 

   (name)   

 
 

   Drill Hole   

 

   (number)   

 
 

   From   

 

   (m)   

 
 

   To   

 

   (m)   

 
 

   Interval   

 

   (m)   

 
 

   Au*   

 

   (g/t)   

 
 

   SAM West   

 
 

   TN-25-039   

 
 

   10.00   

 
 

   10.50   

 
 

   0.50   

 
 

   2.95   

 
 
 
 

   18.00   

 
 

   20.60   

 
 

   2.60   

 
 

   0.93   

 
 
 
 

   48.00   

 
 

   49.00   

 
 

   1.00   

 
 

   1.11   

 
 
 
 

   64.40   

 
 

   65.30   

 
 

   0.90   

 
 

   2.86   

 
 

   SAM West   

 
 

   TN-25-041   

 
 

   9.00   

 
 

   10.00   

 
 

   1.00   

 
 

   0.87   

 
 
 
 

   20.50   

 
 

   21.30   

 
 

   0.80   

 
 

   0.87   

 
 
 
 

   21.30   

 
 

   22.20   

 
 

   0.90   

 
 

   2.59   

 
 
 
 

   22.20   

 
 

   22.80   

 
 

   0.60   

 
 

   0.76   

 
 
 
 

   28.40   

 
 

   29.30   

 
 

   0.90   

 
 

   2.07   

 
 

   Gate   

 
 

   TN-25-044   

 
 

   10.10   

 
 

   11.00   

 
 

   0.90   

 
 

   1.30   

 
 

   Gate   

 
 

   TN-25-046   

 
 
 

   No Significant Values   

 
 
 

   Gate   

 
 

   TN-25-047   

 
 
 

   No Significant Values   

 
 
 

   Gate   

 
 

   TN-25-049   

 
 

   89.90   

 
 

   90.80   

 
 

   0.90   

 
 

   0.57   

 
 

   Gate   

 
 

   TN-25-050   

 
 
 

   No Significant Values   

 
 
 

   SAM West   

 
 

   TN-25-056   

 
 

   100.70   

 
 

   102.30   

 
 

   1.60   

 
 

   1.42   

 
 
 
 

   103.10   

 
 

   105.40   

 
 

   2.30   

 
 

   9.59   

 
 
 

    Including    

 
 

    103.10    

 
 

    104.90    

 
 

    1.80    

 
 

    11.25    

 
 
 

    Including    

 
 

    103.10    

 
 

    103.60    

 
 

    0.50    

 
 

    21.30    

 
 
 
 

   106.80   

 
 

   112.40   

 
 

   5.60   

 
 

   1.09   

 
 

   SAM West   

 
 

   TN-25-057   

 
 

   136.60   

 
 

   140.80   

 
 

   4.20   

 
 

   0.63   

 
 
 
 

   145.00   

 
 

   146.40   

 
 

   1.40   

 
 

   58.66   

 
 
 

    Including    

 
 

    145.00    

 
 

    145.90    

 
 

    0.90    

 
 

    63.20    

 
 
 

    and    

 
 

    145.90    

 
 

    146.40    

 
 

    0.50    

 
 

    50.50    

 
 
 
 

   147.20   

 
 

   151.00   

 
 

   3.80   

 
 

   0.60   

 
 
 
 

   187.30   

 
 

   187.80   

 
 

   0.50   

 
 

   0.95   

 
 
 
 

   201.60   

 
 

   203.40   

 
 

   1.80   

 
 

   1.06   

 
 
 
 

   210.50   

 
 

   211.50   

 
 

   1.00   

 
 

   0.93   

 
 
 
 

   217.50   

 
 

   218.00   

 
 

   0.50   

 
 

   1.93   

 
 
 
 

   303.40   

 
 

   304.10   

 
 

   0.70   

 
 

   1.08   

 
 

   SAM West   

 
 

   TN-25-058   

 
 

   97.10   

 
 

   97.80   

 
 

   0.70   

 
 

   1.46   

 
 
 
 

   100.00   

 
 

   101.70   

 
 

   1.70   

 
 

   1.22   

 
 
 
 

   115.70   

 
 

   116.20   

 
 

   0.50   

 
 

   1.01   

 
 
 
 

   118.20   

 
 

   119.20   

 
 

   1.00   

 
 

   0.93   

 
 
 
 

   198.00   

 
 

   199.40   

 
 

   1.40   

 
 

   0.79   

 
 
 
 

   201.90   

 
 

   203.40   

 
 

   1.50   

 
 

   2.84   

 
 
 
 

   214.90   

 
 

   215.60   

 
 

   0.70   

 
 

   2.06   

 
 
 
 

   237.60   

 
 

   238.10   

 
 

   0.50   

 
 

   3.62   

 
 
 
 

   247.30   

 
 

   248.30   

 
 

   1.00   

 
 

   1.06   

 
 
 
 

   249.30   

 
 

   249.80   

 
 

   0.50   

 
 

   10.40   

 
 
 
 

   275.90   

 
 

   276.40   

 
 

   0.50   

 
 

   3.65   

 
 

   SAM West   

 
 

   TN-25-059   

 
 

   339.70   

 
 

   340.80   

 
 

   1.10   

 
 

   2.07   

 
 

   SAM West   

 
 

   TN-25-060   

 
 

   215.20   

 
 

   216.30   

 
 

   1.10   

 
 

   1.87   

 
 
 
 

   237.20   

 
 

   237.80   

 
 

   0.60   

 
 

   3.97   

 
 
 
 

   240.20   

 
 

   241.20   

 
 

   1.00   

 
 

   1.13   

 
 
 
 

   241.20   

 
 

   242.00   

 
 

   0.80   

 
 

   3.44   

 
 
 
 

   252.30   

 
 

   254.50   

 
 

   2.20   

 
 

   0.57   

 
 
 
 

   290.20   

 
 

   290.90   

 
 

   0.70   

 
 

   0.63   

 
 
 
 

   313.30   

 
 

   314.80   

 
 

   1.50   

 
 

   1.12   

 
 
 
 
 
 
 
 
 
 
 
   
 
 

  *Composites above 0.5 g/t Au and metal factor above 0.5 Au "gxm"  

 
 
 
 

  Table 3: True North; Drill Hole Details  

 
 
                                                                                                        
 

   Drill Hole (Number)   

 
 

   `Target   

 

   (Name)   

 
 

   Northing*
(m)
 
 

 
 

   Easting*   (m)   

 
 

   Elevation
(masl)
 
 

 
 

   Azimuth (°)   

 
 

   Inclination (°)   

 
 

   Depth (m)   

 
 

   TN-25-039   

 
 

  SAM West  

 
 

  5655810  

 
 

  311885  

 
 

  251  

 
 

  197  

 
 

  -70  

 
 

  131  

 
 

   TN-25-041   

 
 

  SAM West  

 
 

  5655810  

 
 

  311885  

 
 

  251  

 
 

  230  

 
 

  -45  

 
 

  110  

 
 

   TN-25-044   

 
 

  Gate  

 
 

  5655940  

 
 

  312204  

 
 

  257  

 
 

  129  

 
 

  -56  

 
 

  176  

 
 

   TN-25-046   

 
 

  Gate  

 
 

  5655940  

 
 

  312204  

 
 

  257  

 
 

  106  

 
 

  -48  

 
 

  269  

 
 

   TN-25-047   

 
 

  Gate  

 
 

  5655940  

 
 

  312204  

 
 

  257  

 
 

  74  

 
 

  -59  

 
 

  372  

 
 

   TN-25-049   

 
 

  Gate  

 
 

  5655800  

 
 

  312446  

 
 

  250  

 
 

  89  

 
 

  -45  

 
 

  194  

 
 

   TN-25-050   

 
 

  Gate  

 
 

  5655800  

 
 

  312446  

 
 

  250  

 
 

  71  

 
 

  -52  

 
 

  269  

 
 

   TN-25-056   

 
 

  SAM West  

 
 

  5655890  

 
 

  311918  

 
 

  259  

 
 

  350  

 
 

  -71  

 
 

  302  

 
 

   TN-25-057   

 
 

  SAM West  

 
 

  5655890  

 
 

  311918  

 
 

  259  

 
 

  327  

 
 

  -57  

 
 

  320  

 
 

   TN-25-058   

 
 

  SAM West  

 
 

  5655895  

 
 

  311924  

 
 

  251  

 
 

  56  

 
 

  -72  

 
 

  299  

 
 

   TN-25-059   

 
 

  SAM West  

 
 

  5655933  

 
 

  311986  

 
 

  248  

 
 

  348  

 
 

  -73  

 
 

  377  

 
 

   TN-25-060   

 
 

  SAM West  

 
 

  5655935  

 
 

  311991  

 
 

  256  

 
 

  327  

 
 

  -65  

 
 

  389  

 
 
 
 
   
 
 

  *Coordinates are provided in UTM NAD83 Zone 15  

 
 
 
 

  Qualified Person Statement  

 

The scientific and technical information in this news release has been reviewed and approved by Mr. Michele Della Libera , P.Geo, Vice-President Exploration of 1911 Gold Corporation, who is a "Qualified Person" as defined under NI 43-101.

 

  Quality Assurance/Quality Controls (QA/QC)  

 

Core samples are collected by sawing the drill core in half along the axis, with one-half sampled, placed in plastic sample bags, labelled, sealed and the other half retained for future reference. Batches are shipped to Activation Laboratories Ltd. (Actlabs), in Thunder Bay, Ontario for sample preparation and analysis. Samples are dried, crushed to 2mm and a 1 kg split is pulverized to -200 mesh. Gold analysis is completed by fire-assay with an atomic absorption finish on 50 grams of prepared pulp. Samples returning values equal or greater to 10.00 g/t are reanalysed by fire assay with a gravimetric finish. Total gold analysis (Screen Metallic Sieve) is conducted on highly mineralized samples or the presence of visible gold. Certified gold reference material samples are inserted every 20 samples and blank samples at intervals of one in every 50 samples, with additional blanks inserted after samples hosting visible gold. Repeat third-party gold analyses for 5% of all submitted sample pulps are analyzed at ALS-Chemex Laboratory, North Vancouver, Canada .

 

  About 1911 Gold Corporation  

 

 1911 Gold is a junior explorer that holds a highly prospective, consolidated land package totaling more than 61,647 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba , and also owns the True North mine and mill complex at Bissett, Manitoba . 1911 Gold believes its land package is a prime exploration opportunity, with the potential to develop a mining district centred on the True North complex. The Company also owns the Apex project near Snow Lake, Manitoba and the Denton-Keefer project near Timmins, Ontario , and intends to focus on organic growth and accretive acquisition opportunities in North America .

 

 1911 Gold's True North complex and exploration land package are located within the traditional territory of the Hollow Water First Nation, signatory to Treaty No. 5 (1875-76). 1911 Gold looks forward to maintaining open, co-operative and respectful communication with the Hollow Water First Nation, and all local stakeholders, in order to build mutually beneficial working relationships.

 

ON BEHALF OF THE BOARD OF DIRECTORS

 

  Shaun Heinrichs  
President and CEO

 

  CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION  

 

This news release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

 

All forward-looking statements reflect the Company's beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company's forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements.

 

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements with respect to the terms of the Offering, the use of proceeds of the Offering, the timing and ability of the Company to close the Offering, the timing and ability of the Company to receive necessary regulatory approvals, the tax treatment of the securities issued under the Offering, the timing for the Qualifying Expenditures to be renounced in favour of the subscribers, and the plans, operations and prospects of the Company, are forward-looking statements. Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

 

All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

 

  Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.  

 

 

 
 

  1911 Gold - Logo (CNW Group/1911 Gold Corporation) 

 
 

SOURCE 1911 Gold Corporation 

 

 

 

 Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2025/10/c5463.html  

 
 

 

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1911 Gold (TSXV:AUMB)

1911 Gold


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Near-term gold production and development potential in Manitoba, Canada

1911 Gold Closes C$13.2 Million "Bought Deal" Life Offering Including Increased Investment by Eric Sprott

1911 Gold Closes C$13.2 Million "Bought Deal" Life Offering Including Increased Investment by Eric Sprott

 

1911 Gold Corporation (" 1911 Gold " or the " Company ") (TSXV: AUMB,OTC:AUMBF; FRA: 2KY) is pleased to announce that it has completed its previously announced "bought deal" LIFE offering (the " Offering ") for gross proceeds of C$13,225,232.30, including the exercise in full of the Underwriters' Option (as defined in the press release dated June 24, 2025). The Offering consisted of the sale of: (i) 3,750,000 common shares of the Company (the " Non-FT Shares ") at a price of C$0.20 per Non-FT Share; (ii) 2,924,000 common shares (the " Tranche 1 CEE Shares ") at a price of C$0.342 per Tranche 1 CEE Share; (iii) 31,163,633 common shares (the " Tranche 2 CEE Shares " and together with the Tranche 1 CEE Shares, the " CEE Offered Shares ") at a price of C$0.288 per Tranche 2 CEE Share; and (iv) 10,163,000 common shares (the " CDE Offered Shares " and, together with the Non-FT Shares and CEE Offered Shares, the " Offered Shares ") at a price of C$0.246 per CDE Offered Share. The CEE Offered Shares and CDE Offered Shares will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the " Tax Act ")).

 

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Canadian Investment Regulatory Organization Trade Resumption - AUMB

Canadian Investment Regulatory Organization Trade Resumption - AUMB

 
 

Trading resumes in:

 

Company:  1911 Gold Corporation  

 

 

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1911 Gold Announces C$11.5 Million "Bought Deal" Life Offering and Private Placement

1911 Gold Announces C$11.5 Million "Bought Deal" Life Offering and Private Placement

 

1911 Gold Corporation (" 1911 Gold " or the " Company ") (TSXV: AUMB; FRA: 2KY) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (" Haywood "), as lead underwriter and sole bookrunner, on its own behalf and on behalf of a syndicate of underwriters (together with Haywood, the " Underwriters "), pursuant to which the Underwriters have agreed to purchase, on a "bought deal" basis: (i) 2,500,000 common shares of the Company (the " Non-FT Shares ") at a price of C$0.20 per Non-FT Share (the " Non-FT Issue Price "); (ii) 2,924,000 common shares which qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the " Tax Act ")) and qualify as "Canadian exploration expenses" and "flow through mining expenditures" as defined in the Tax Act and that are incurred in the province of Manitoba and qualify for the Manitoba Mineral Exploration Tax Credit (the " Tranche 1 CEE Shares ") at a price of C$0.342 per Tranche 1 CEE Share (the " Tranche 1 CEE Issue Price "); (iii) 26,042,000 common shares which qualify as "flow-through shares" (within the meaning of the Tax Act) and qualify as "Canadian exploration expenses" as defined in the Tax Act (the " Tranche 2 CEE Shares " and together with the Tranche 1 CEE Shares, the " CEE Offered Shares ") at a price of C$0.288 per Tranche 2 CEE Share (the " Tranche 2 CEE Issue Price "); and (iv) 10,163,000 common shares which qualify as "flow-through shares" (within the meaning of the Tax Act) and qualify as "accelerated Canadian development expenses" as defined in the Tax Act (the " CDE Offered Shares " and, together with the Non-FT Shares and CEE Offered Shares, the " Offered Shares ") at a price of C$0.246 per CDE Offered Share (the " CDE Issue Price ") for aggregate gross proceeds to the Company of C$11,500,202 (the " Underwritten Offering ").

 

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1911 Gold Corporation Announces Staged Return of Personnel to Site

1911 Gold Corporation Announces Staged Return of Personnel to Site

 
 

1911 Gold Corporation (" 1911 Gold " or the " Company ") (TSXV: AUMB; OTCQB: AUMBF; FRA: 2KY) is pleased to announce that, following the easing of wildfire-related evacuation orders, the Company has initiated a staged return of employees and contractors to its True North site near Bissett, Manitoba .

 
 

  1911 Gold - Logo (CNW Group/1911 Gold Corporation) 

 

Favourable weather conditions and the efforts of emergency crews have significantly reduced wildfire risk in the region. The Town of Bissett and the Company's True North site have remained safe throughout the evacuation period, with no damage to infrastructure. Site access routes have been cleared and deemed safe for travel, and camp facilities remained operational during the evacuation to support the firefighting efforts.

 

Personnel are returning to the site in a structured and phased manner, and full operations are expected to resume in the coming days. As part of its commitment to the safety and recovery of the region, 1911 Gold continues to provide housing to approximately 40 wildfire personnel who remain active in the area.

 

"Thanks to the tireless efforts of emergency responders, we are now in a position to resume site activities safely," stated Shaun Heinrichs , President and CEO of 1911 Gold. "We are grateful that both the Town of Bissett and our facilities have remained unharmed, and we remain committed to supporting the firefighting efforts as the region recovers."

 

The Company plans to recommence exploration and development activities at the True North site, including preparations for an underground drill program that is expected to commence later this summer.

 

  About 1911 Gold Corporation  

 

 1911 Gold is a junior explorer that holds a highly prospective, consolidated land package totalling more than 61,647 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba , and also owns the True North mine and mill complex at Bissett, Manitoba . 1911 Gold believes its land package is a prime exploration opportunity, with the potential to develop a mining district centred on the True North complex. The Company also owns the Apex project near Snow Lake, Manitoba and the Denton-Keefer project near Timmins, Ontario , and intends to focus on organic growth and accretive acquisition opportunities in North America .

 

 1911 Gold's True North complex and exploration land package are located within the traditional territory of the Hollow Water First Nation, signatory to Treaty No. 5 (1875-76). 1911 Gold looks forward to maintaining open, co-operative and respectful communication with the Hollow Water First Nation, and all local stakeholders, in order to build mutually beneficial working relationships.

 

ON BEHALF OF THE BOARD OF DIRECTORS

 

  Shaun Heinrichs  
President and CEO

 

  www.1911gold.com  

 

  CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION  

 

This news release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

 

All forward-looking statements reflect the Company's beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company's forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements.

 

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements with respect to the terms of the Offering, the use of proceeds of the Offering, the timing and ability of the Company to close the Offering, the timing and ability of the Company to receive necessary regulatory approvals, the tax treatment of the securities issued under the Offering, the timing for the Qualifying Expenditures to be renounced in favour of the subscribers, and the plans, operations and prospects of the Company, are forward-looking statements. Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

 

All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

 

  Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.  

 

SOURCE: 1911 Gold Corporation 

 

 

 

SOURCE 1911 Gold Corporation 

 

 

 

 Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2025/17/c4423.html  

 
 

 

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1911 Gold Temporarily Suspends Operations at True North Complex due to Bissett Evacuation Order

1911 Gold Temporarily Suspends Operations at True North Complex due to Bissett Evacuation Order

 
 

   VANCOUVER, BC   ,   May 30, 2025   /CNW/ -  1911 Gold Corporation  ("  1911 Gold  " or the " Company ") (TSXV: AUMB) (OTCQB: AUMBF) (FRA: 2KY) announces the temporary suspension of operations at its True North complex in Bissett, Manitoba , following the evacuation order issued by the Province of Manitoba due to escalating wildfire activity in the region.

 
 

  1911 Gold - Logo (CNW Group/1911 Gold Corporation) 

 

The Company has safely evacuated all personnel from the site and is closely monitoring the situation in coordination with local and provincial authorities. The Company has taken precautionary measures to safeguard certain site infrastructure and continues to assist with the wildfire response by hosting frontline personnel at the True North camp facilities.

 

  Shaun Heinrichs , CEO and President, stated, "The safety of our employees and the community is our top priority. We are grateful for the swift and coordinated response of emergency services and are committed to supporting firefighting efforts, including the ongoing use of our camp facilities. Our thoughts are with everyone impacted by the wildfires, and we stand ready to support the community during this challenging time."

 

The Company will provide further updates as more information becomes available and will resume operations at the True North complex when it is safe to do so.

 

  About 1911 Gold Corporation  

 

 1911 Gold is a junior explorer that holds a highly prospective, consolidated land package totaling more than 61,647 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba , and also owns the True North mine and mill complex at Bissett, Manitoba . 1911 Gold believes its land package is a prime exploration opportunity, with the potential to develop a mining district centred on the True North complex. The Company also owns the Apex project near Snow Lake, Manitoba and the Denton-Keefer project near Timmins, Ontario , and intends to focus on organic growth and accretive acquisition opportunities in North America .

 

 1911 Gold's True North complex and exploration land package are located within the traditional territory of the Hollow Water First Nation, signatory to Treaty No. 5 (1875-76). 1911 Gold looks forward to maintaining open, co-operative and respectful communication with the Hollow Water First Nation, and all local stakeholders, in order to build mutually beneficial working relationships.

 

ON BEHALF OF THE BOARD OF DIRECTORS

 

  Shaun Heinrichs  
President and CEO

 

  www.1911gold.com  

 

  CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION  

 

This news release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

 

All forward-looking statements reflect the Company's beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company's forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements.

 

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements with respect to the terms of the Offering, the use of proceeds of the Offering, the timing and ability of the Company to close the Offering, the timing and ability of the Company to receive necessary regulatory approvals, the tax treatment of the securities issued under the Offering, the timing for the Qualifying Expenditures to be renounced in favour of the subscribers, and the plans, operations and prospects of the Company, are forward-looking statements. Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

 

All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

 

  Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.  

 

SOURCE 1911 Gold Corporation 

 

 

 

 Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2025/30/c0974.html  

 
 

 

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Pinnacle Increases Non-Brokered Private Placement

Pinnacle Increases Non-Brokered Private Placement

 

(TheNewswire)

 
  
  Pinnacle Silver and Gold Corp. 
 
 

VANCOUVER, BRITISH COLUMBIA, July 25, 2025 TheNewswire - (TSXV: PINN,OTC:NRGOF, OTC: PSGCF, Frankfurt: P9J) Pinnacle Silver and Gold Corp. (" Pinnacle " or the " Company ") is pleased to announce that, due to strong investor demand, it is increasing its non-brokered private placement announced on July 14, 2025 to now raise gross proceeds of up to $1,650,000 (the "Offering").  The Offering will now consist of up to 27,500,000 units (the "Units") with each Unit, priced at $0.06, comprising one common share ("Share") in the capital of the Company and one-half share purchase warrant ("Warrant").  Each whole Warrant shall be convertible into an additional Share at an exercise price of $0.10 for a period of 24 months from the date of issuance.  Finder's fees consisting of 7 per cent in cash commission and 7 per cent in non-transferable finders' warrants may be paid in connection with the offering.  Each finder's warrant entitles the holder to acquire one common share at $0.10 cents per share over a 24-month period.

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Metals & Mining Virtual Investor Conference: Presentations Now Available for Online Viewing

Metals & Mining Virtual Investor Conference: Presentations Now Available for Online Viewing

 

Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Metals & Mining Virtual Investor Conference, held July 23 rd and 24 th are now available for online viewing.

 

   REGISTER AND VIEW PRESENTATIONS HERE   

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Quarterly Activities/Appendix 5B Cash Flow Report

Quarterly Activities/Appendix 5B Cash Flow Report

Pacgold (PGO:AU) has announced Quarterly Activities/Appendix 5B Cash Flow Report

Download the PDF here.

LaFleur Minerals Inc.    Capitalizing on Trend, Accelerating Transition

LaFleur Minerals Inc. Capitalizing on Trend, Accelerating Transition

 

Via InvestorWire — LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 70+ brands within the Dynamic Brand Portfolio @ IBN ( InvestorBrandNetwork ) a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community.

 

To view the full publication, "Surging Gold Prices Fuel Junior Miner's Push to Production," please visit: https://ibn.fm/PxDwC .

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IBN Announces Latest Episode of The MiningNewsWire Podcast featuring Chairman Kal Malhi and CEO Paul Ténière of LaFleur Minerals Inc.

IBN Announces Latest Episode of The MiningNewsWire Podcast featuring Chairman Kal Malhi and CEO Paul Ténière of LaFleur Minerals Inc.

 

Via IBN IBN a multifaceted communications organization engaged in connecting public companies to the investment community, is pleased to announce the release of the latest episode of The MiningNewsWire Podcast as part of its sustained effort to provide specialized content distribution via widespread syndication channels.

 

The MiningNewsWire Podcast features revealing sit-downs with executives who are shaping the future of the global mining industry. The latest episode features Chairman Kal Malhi and CEO Paul Ténière of LaFleur Minerals Inc. (CSE: LFLR,OTC:LFLRF) (OTCQB: LFLRF) , a Canadian exploration and development company focused on gold assets in Québec's Abitibi region.

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Maritime Commences Construction at Hammerdown, Adds to Technical Team

Maritime Commences Construction at Hammerdown, Adds to Technical Team

Maritime Resources Corp. (TSXV: MAE,OTC:MRTMD) ("Maritime" or the "Company") is pleased to provide an update for the Hammerdown Gold Project, located in the Baie Verte mining district of Newfoundland and Labrador ("Hammerdown"), near the towns of King's Point and Springdale, including its Pine Cove milling facility located near the towns of Baie Verte and Ming's Bight.

Highlights:

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